INVESTOR ALERT: Law Offices Of Howard G. Smith Announces Investigation Of Hollysys Automation Technologies Ltd. (HOLI) On Behalf Of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Jan 25, 2022--

Law Offices of Howard G. Smith announces an investigation on behalf of Bumble Inc. (“Bumble” or the “Company”) (NASDAQ: BMBL ) investors concerning the Company’s possible violations of the federal securities laws.

Bumble conducted its Secondary Public Offering (“SPO”) in September 2021. 20.7 million shares of Class A common stock were sold in the SPO at $54 per share.

On November 10, 2021, Bumble announced its financial results for the third quarter of 2021, revealing that the Company’s total paying user count had declined to 2.86 million, well below the 2.9 million users reported in the SPO registration statement.

ADVERTISEMENT

On this news, Bumble’s share price fell $9.19, or 19.2%, to close at $38.56 per share on November 11, 2021, injuring investors. By January 25, 2022, Bumble shares have traded below $27 per share, less than half of the original SPO price.

h3">>Business
  • h4">>As Fed meets, investor angst over rate hikes spooks markets
  • h4">>China 2008 vs 2022: Richer, stronger, more confrontational
  • h4">>Stock investors' nerves tested by inflation, omicron, Russia
  • h4">>US consumer confidence remains high after January downturn
  • If you purchased Bumble securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

    This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

    View source version on businesswire.com:https://www.businesswire.com/news/home/20220125006047/en/

    CONTACT: Law Offices of Howard G. Smith

    Howard G. Smith, Esquire

    215-638-4847

    888-638-4847

    [email protected]

    www.howardsmithlaw.com

    KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

    INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

    SOURCE: Law Offices of Howard G. Smith

    Copyright Business Wire 2022.

    PUB: 01/25/2022 03:35 PM/DISC: 01/25/2022 03:36 PM

    http://www.businesswire.com/news/home/20220125006047/en

    Source : https://apnews.com/press-release/business-wire/business-22927a49c36e48288ebfa3bff2a0f5fa

    469
    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Bumble Inc. (BMBL) on Behalf of Investors

    Source:Associated Press

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Bumble Inc. (BMBL) on Behalf of Investors

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of SunPower Corporation (SPWR) on Behalf of Investors

    Source:WFMZ-TV

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of SunPower Corporation (SPWR) on Behalf of Investors

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of TaskUs, Inc. (TASK) on Behalf of Investors

    Source:Associated Press

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of TaskUs, Inc. (TASK) on Behalf of Investors